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Sea Freight Forwarding Market by Service (Full Container Load, Less-than Container Load, and Others), and Application (Agricultural, Automotive, Beverage, Electronic, and Others): Global Opportunity Analysis and Industry Forecast, 2021u20132030
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Sea Freight Forwarding Market by Service (Full Container Load, Less-than Container Load, Others) and by Application (Agricultural, Automotive, Beverage, Electronic, Others): Global Opportunity Analysis and Industry Forecast, 2023-2032
Sea Freight Forwarding Market by Service Freight forwarding is a business that organizes shipments for individuals or corporations to get goods from the manufacturer to a customer or a final point of distribution. Freight forwarders specialize in lowering costs and facilitating the logistics of transportation. Moreover, a freight forwarder is responsible for transportation of goods from one destination to another. Sea freight forwarding market is a method of transporting large amounts of goods using carrier ships. Goods are packed into containers and then loaded onto a vessel. A typical cargo ship can carry around 18,000 containers, which means that sea freight is a cost- efficient way to transport high quantities over large distances. Browse Complete Report
Sea Freight Forwarding Market by Service Furthermore, sea freight forwarding is mostly done using containers loaded with cargoes these containers are of two types of full container load (FCL) and less than container load (LCL). FCL means a single container that is booked by the shipper exclusively for the transportation of their cargo and the shipper does not have to share the container with cargo booked by other shippers. Thus, FCL enhances security and simplifies sea freight logistics management. Whereas in LCL the exporter does not have to book an entire container because the size of the cargo is small. In addition, smaller shipments are needed to be sent economically and are less time-sensitive therefore, sent via LCL container. REQUEST SAMPLE
Sea Freight Forwarding Market by Service The global e-commerce sales jumped to $26.7 trillion in 2019, up by 4% from 2018, according to the latest available estimates which is expected to grow in the coming years. Online shopping is one of the most popular online activities worldwide and with flexible shipping methods both domestic and cross-border e-commerce, is booming in developing markets such as China, India, and Indonesia. For instance, in China cross-border e-commerce transactions already account for up to 20 percent of total import and export trading volumes.
Sea Freight Forwarding Market by Service Key Benefits •This study presents the analytical depiction of the sea freight forwarding market along with the current trends and future estimations to determine the imminent investment pockets. • The report presents information related to key drivers, restraints, and opportunities along with challenges of the sea freight forwarding market. • The current market is quantitatively analyzed to highlight the sea freight forwarding market growth scenario. • The report provides detailed sea freight forwarding market analysis based on competitive intensity and how the competition will take shape in coming years. Connect Analyst
Sea Freight Forwarding Market by Service Sea Freight Forwarding Market by Service Key Segments : By Region •North America • • •Europe • • • • U.S. Canada UK Germany France Rest of Europe Latin America Brazil Mexico Rest of LATAM • • • • •Asia-Pacific • • • • • • China Japan India Rest of Asia-Pacific Middle East Africa
Sea Freight Forwarding Market by Service Segment Overview Rise in air freight charges has increased the demand for transportation of cargo through waterways. Since, transportation of cargo through marines is economical & efficient and heavy & bulky cargo can be easily transported. Moreover, demand for safe and environment friendly transportation is increasing the demand for sea freight forwarding. For instance, according to United Nations Conference on Trade and Development (UNCTAD), approximately 1.68 billion tons of cargo is transported every year around the world in 177.6 million containers covering 998 billion tons-miles. Moreover, in 2019 world’s leading sea freight forwarding company Kuehne + Nagel generated around $28 billion from its worldwide operations. Thus, the rise in cargo transportation through marines is expected to drive growth of freight forwarding market.
Sea Freight Forwarding Market by Service Key players profiled in the report include DHL Supply Chain & Global Forwarding Expeditors International UPS Supply Chain Solutions Nippon Express Co. Ltd Kuehne + Nagel International AG Kerry Logistics Bollore Logistics CEVA Logistics DB Schenker Sinotrans Limited • • • • • • • • • •
Sea Freight Forwarding Market by Service Contact: David Correa 1209 Orange Street, Corporation Trust Center, Wilmington, New Castle, Delaware 19801 USA. USA/Canada (Toll Free): +1-800-792-5285 UK: +44-845-528-1300 Hong Kong: +852-301-84916 India (Pune): +91-20-66346060 Fax: +1-800-792-5285 help@alliedmarketresearch.com Web: www.alliedmarketresearch.com Allied Market Research Blog: https://blog.alliedmarketresearch.com Follow Us on | Facebook | LinkedIn | YouTube | Purchase enquiry